07/06/20 04:53 For consumers trying to compare the market for cards, one of the primary and quite a few important items for comparison will be the APR, or Annual Percentage Rate, of each one plastic card in mind. The annual percentage rate could be the number of the principle a borrower might need to pay annually to the privilege of holding the loan. In other words, if a person borrowed 1,000, and was required to pay 120 annually for that loan, compared to the APR of the 1,000 would be 12 percent. This may be the case whether or not the payments are distributed out into 12 monthly payments-APR exists to allo...